Uhmm, HELLO? Are you really this stupid? The educational system HAS failed in America. I know your mind has been destroyed by years of schooling, but why don't you try to use whatever you have left just this one time? Reread what I wrote.

The problem isn't pollution in the air per se. The "air" pollution ends up harming real property - e.g. people who get sick from breathing in polluted air or land/buildings that get destroyed by pollutants from the air. The proper solution is to have air polluters liable for the damage that their air pollution has on real property.

how do you plan on determining which factory created the specific set of pollutant molecules which have damaged your lungs? How do you plan on determining the monetary value of a medical condition caused by pollutants? How do you plan to enforce this liability, through the drawn out and expensive mechanism of the legal system? if so, how is that remotely more efficient than simply maintaining government-enforced pollution regulations?

if you take the time to consider these issues, it becomes clear why privatization of the environment isn't viable in theory, and why it's failed in practice (see, for instance, china)

After viewing the above video. Please tell me why Fox does this? Is their thinking they know Paul is dangerous but just ignore him as much as possible and don't give him any coverage? WTF I mean this is some pretty blatent shit here fellas you gotta admit.

I'd love to know their line of thinking behind doing this.

A guy who wants to build an imaginary wall around a country that desperately needs a global economy to work should get ignored. Globalization is here to stay bro. Pandora's box has already been opened. Plus a lot of people know that Ron Paul is and was always a CIA shill. He's there for a reason. He helps bring the sheep to the slaughter.

A guy who wants to build an imaginary wall around a country that desperately needs a global economy to work should get ignored. Globalization is here to stay bro. Pandora's box has already been opened. Plus a lot of people know that Ron Paul is and was always a CIA shill. He's there for a reason. He helps bring the sheep to the slaughter.

hardly, he wants to trade with the world but what he doesn't want is to get into endless costly wars.

how do you plan on determining which factory created the specific set of pollutant molecules which have damaged your lungs?

It's up to the person making the accusation to prove that. And it is not absurd like you make it out to be. If you can prove that a certain pollutant caused you to fall ill, and if you can prove that a certain factory nearby is emitting that pollutant, then you have

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How do you plan on determining the monetary value of a medical condition caused by pollutants?

Up to the legal system to decide that. I'm not a jurist. However, every good common law principle focuses on compensation. Obviously, compensation would have to cover more than just medical costs (would also have to cover other opportunity costs).

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How do you plan to enforce this liability, through the drawn out and expensive mechanism of the legal system? if so, how is that remotely more efficient than simply maintaining government-enforced pollution regulations?

LOL. Government regulations are somehow efficient? Give me a break. They require expensive compliance by businesses along with untold sums of taxpayer money to keep going. And that's not even going into the public choice problems present with government regulatory agencies.

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if you take the time to consider these issues, it becomes clear why privatization of the environment isn't viable in theory, and why it's failed in practice (see, for instance, china)

Only because some over-schooled, under-educated fucktard at the left-wing rag known as "The Economist" thinks inflation is good doesn't mean that it is. If only I had time to deal with all of your bullshit... *sigh*

Coach regulary gets owned out of political threads...this is no different.

MMmm, no. I just don't have time to spend researching bullshit to put on a site full of libs. It wouldn't make a difference. Like I said, there's a reason why Liberals support him. BTW, I know no one will listen to this....it's too complex.

It's up to the person making the accusation to prove that. And it is not absurd like you make it out to be. If you can prove that a certain pollutant caused you to fall ill, and if you can prove that a certain factory nearby is emitting that pollutant, then you have

Up to the legal system to decide that. I'm not a jurist. However, every good common law principle focuses on compensation. Obviously, compensation would have to cover more than just medical costs (would also have to cover other opportunity costs).

LOL. Government regulations are somehow efficient? Give me a break. They require expensive compliance by businesses along with untold sums of taxpayer money to keep going. And that's not even going into the public choice problems present with government regulatory agencies.

China has a privatized environment? You really are retarded.

what if there are 2 factories producing the same chemical? imagine that

the legal system routinely fails as a deterrent in matters of corporate liability, where regulation could have prevented them--see, for instance, enron

and yes, china's environment has defacto existed under private regulation for years, causing the massive current environmental issues which have forced the government to step in in a regulatory capacity. Frankly, the fact that you seem to be under the impression that china is still an economically "communist" country tells me you're not equipped to participate in this discussion at any meaningful level of discourse.

Only because some over-schooled, under-educated fucktard at the left-wing rag known as "The Economist" thinks inflation is good doesn't mean that it is. If only I had time to deal with all of your bullshit... *sigh*

MMmm, no. I just don't have time to spend researching bullshit to put on a site full of libs. It wouldn't make a difference. Like I said, there's a reason why Liberals support him. BTW, I know no one will listen to this....it's too complex.

You're arguing with a former currency trader, bro. When the shit hits the fan, which currency do nations and institutions all over the world turn to? The Euro? The Chinese Yuan Renminbi? The Yen? Please.

1. The U.S. DollarFirst and foremost is the U.S. dollar, which is easily the most traded currency on the planet. The USD can be found in a pair with all the other major currencies and often acts as the intermediary in triangular currency transactions. This is all because the USD acts as the unofficial global reserve currency, held by nearly every central bank and institutional investment entity in the world.

In addition, due to the U.S. dollar's global acceptance, it is used by some countries as an official currency, as opposed to a local currency, a practice known as dollarization. As well, the U.S. dollar may be widely accepted in other nations, acting as an informal alternative form of payment, while those nations maintain their official local currency.

The dollar is also an important factor in the foreign exchange rate market for other currencies, where it may act as a benchmark or target rate for countries that choose to fix or peg their currencies to the USD's value. For instance, as of 2011, China has its currency, the renminbi, still pegged to the dollar, much to the disagreement of many economists and central bankers. Quite often countries will fix their exchange rates to the USD to stabilize their exchange rate, rather than allowing the free (forex) markets to fluctuate its relative value.

MMmm, no. I just don't have time to spend researching bullshit to put on a site full of libs. It wouldn't make a difference. Like I said, there's a reason why Liberals support him. BTW, I know no one will listen to this....it's too complex.

August 10, 2011The U.S. Dollar Is Still the Top ChoiceBy AGNES T. CRANE and ANTONY CURRIE

It will take more than a debt downgrade and two years of ultra-low interest rates to knock the dollar from its perch as the world’s reserve currency. Despite multiple setbacks, the dollar remains the lingua franca of global commerce and the currency of choice for foreign central banks.

The Federal Reserve’s commitment to keep interest rates exceptionally low until mid-2013 is bound to start another storm of international protest, and with good reason. Low rates make dollars much less appealing to hold and drives investors to alternatives like the Swiss franc and the Japanese yen.

When combined with the decision by Standard & Poor’s to strip America of its AAA rating, the dollar should arguably be taking a bigger hit. The dollar index, which measures the dollar’s value against several other currencies, is at a depressed 74.7, but still well above the 71.3 it hit in early 2008.

A big reason is that a strong dollar remains in the world’s best interest. Even though it has lost more than a third of its value in the last decade, global savers have filled their central bank mattresses with the stuff. According to the International Monetary Fund, 61 percent of the world’s $5.3 trillion allocated currency reserves are in dollars, little changed from the previous two years. New purchases in the first quarter overwhelmingly favored the dollar, as some central banks bought it to check the appreciation of their own currencies.

Reserve currency reigns do not end overnight. The previous champ, sterling, ceded its title over a period of decades. This time around, there is still no other currency that could take the dollar’s place. The euro, once the leading contender, is under siege, while the Chinese renminbi is still pegged to the dollar. Plans to create a reserve currency basket have not gained much traction.